Price for Cotton; Garnetted Stock Waste in the UK - 2023

Contents:

1. Price for Cotton; Garnetted Stock Waste in the UK (CIF) - 2022
2. Price for Cotton; Garnetted Stock Waste in the UK (FOB) - 2022
3. Imports of Cotton; Garnetted Stock Waste in the UK
4. Exports of Cotton; Garnetted Stock Waste in the UK

Price for Cotton; Garnetted Stock Waste in the UK (CIF) - 2022

The average cotton; garnetted stock waste import price stood at $533 per ton in 2022, with an increase of 7.3% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 16% against the previous year. Over the period under review, average import prices hit record highs at $614 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($954 per ton), while the price for Belgium ($386 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (-0.4%), while the prices for the other major suppliers experienced a decline.

Price for Cotton; Garnetted Stock Waste in the UK (FOB) - 2022

The average cotton; garnetted stock waste export price stood at $7,879 per ton in 2022, surging by 28% against the previous year. Over the period under review, the export price saw a temperate expansion. The growth pace was the most rapid in 2015 when the average export price increased by 175%. Over the period under review, the average export prices reached the maximum at $10,527 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($74,277 per ton), while the average price for exports to Ireland amounted to $4,576 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+485.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cotton; Garnetted Stock Waste in the UK

In 2022, approx. 2.9K tons of cotton; garnetted stock waste were imported into the UK; waning by -38.5% against the previous year's figure. Overall, imports recorded a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 188%. As a result, imports reached the peak of 4.7K tons, and then dropped notably in the following year.

In value terms, cotton; garnetted stock waste imports dropped markedly to $1.5M in 2022. Over the period under review, imports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 191%. As a result, imports attained the peak of $2.3M, and then fell sharply in the following year.

Top Suppliers of Cotton; Garnetted Stock Waste to the UK in 2022:

1. Belgium (1457.4 tons)
2. France (966.1 tons)
3. Germany (345.7 tons)
4. Netherlands (71.5 tons)

Exports of Cotton; Garnetted Stock Waste in the UK

In 2022, cotton; garnetted stock waste exports from the UK skyrocketed to 1.9 tons, rising by 282% compared with the previous year's figure. In general, exports, however, showed a dramatic curtailment.

In value terms, cotton; garnetted stock waste exports surged to $15K in 2022. Overall, exports, however, recorded a dramatic shrinkage.

Top Export Markets for Cotton; Garnetted Stock Waste from the UK in 2022:

1. Ireland (1803.0 kg)
2. Spain (88.0 kg)

Source: IndexBox Market Intelligence Platform